What is the average apartment size in Lakeview, Chicago, Cook County, IL?

The average size for a Lakeview, Chicago, Cook County, IL apartment is 691 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

What is the average rent in Lakeview?

As of Jul / 2026, the average rent in Lakeview is $2,298 per month, a 6.5% increase from last years average of $2,157.

How much does rent cost by apartment size in Lakeview?

In Lakeview, studios rent for $1,603 per month, one-bedroom units average $2,230 per month, two-bedrooms cost around $3,376 per month, and three-bedroom apartments rent for about $4,237 per month

What is the average apartment size in Lakeview?

The typical apartment in Lakeview offers about 691 sq. ft. square feet of living space, though actual sizes vary depending on layout and amenities.

How large are apartments by bedroom count in Lakeview?

Studio apartments in Lakeview average 418 sq. ft., one-bedrooms offer 679 sq. ft., two-bedrooms are about 1,042 sq. ft., and three-bedroom apartments average 1,570 sq. ft.

Lakeview, Chicago, Cook County, IL Rental Market Trends

Q: What's the typical rent budget in Lakeview?

The typical rent budget in Lakeview ranges from $1,501 to $2,000 per month, with 31% of rentals in this range.

Q: Do most people rent or own in Lakeview?

In Lakeview, 62% of households rent while 38% own their homes, based on the latest U.S. Census data.

Last updated: August 31, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Highlights

The average rent for an apartment in Lakeview is $2,298, a 6.5% increase compared to the previous year, when the average rent was $2,157.

Studio Apartments at $1,603 offer the most budget-friendly option with 418 square feet, ideal for single renters prioritizing location over space.

One-bedroom apartments provide 679 square feet for $2,230, balancing privacy and affordability.

Two-bedroom units at $3,376 offer 1,042 square feet, perfect for roommates or small families.

Three-bedroom apartments deliver maximum space (1,570 sq ft) for $4,237, suitable for larger households.

Average rent in Lakeview, Chicago, Cook County, IL

Last updated: August 31, 2026

	Average Rent	Average Apartment Size
All Rentals	$2,298	691 sq. ft.
Studio	$1,603	418 sq. ft.
1 Bed	$2,230	679 sq. ft.
2 Beds	$3,376	1,042 sq. ft.
3 Beds	$4,237	1,570 sq. ft.

Lakeview, Chicago, Cook County, IL rent trends

Rental prices in Lakeview, Chicago, Cook County, IL have increased by 6.5% over the past year. The average rent moved from $2,157 to $2,298.

What's the typical rent budget in Lakeview, Chicago, Cook County, IL?

The largest share of rentals in Lakeview, Chicago, Cook County, IL (31%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.

Do most people rent or own in Lakeview, Chicago, Cook County, IL?

22,033 or 62% of the households in Lakeview, Chicago, Cook County, IL are renter-occupied while 13,332 or 38% are owner-occupied.

Most affordable neighborhoods in Lakeview?

Jackson Park Highlands $1,136/month

Austin $1,156/month

Englewood $1,239/month

All of these neighborhoods fall below the city wide average of $2,529/month.

Most expensive neighborhoods in Lakeview?

River North $3,463/month

Wrightwood $3,846/month

Sheffield $4,029/month

These neighborhoods typically command higher rents due to location, amenities, and demand.

Average Rent in Chicago, IL By Neighborhood

Neighborhood	Average Rent
Sheffield	$4,029
Wrightwood	$3,846
River North	$3,463
Greektown	$3,422
Bucktown	$3,421
Fulton Market	$3,396
Streeterville	$3,293
Old Town Chicago	$3,238
Downtown Chicago	$3,172
Near East Side Chicago	$3,155
Near West Side	$3,095
Goose Island	$3,071
West Town	$3,063
Old Town Triangle	$3,060
Fulton River District	$3,049
Near North Side Chicago	$3,028
River West	$3,013
Chicago Loop	$2,998
Wicker Park	$2,992
East Village	$2,834
South Loop	$2,794
Tri-Taylor	$2,794
Humboldt Park	$2,791
Gold Coast	$2,710
Lincoln Park	$2,573
Cabrini - Green	$2,543
Printer's Row	$2,486
West Loop	$2,317
Lakeview	$2,298
Little Italy	$2,288
Logan Square	$2,278
East Hyde Park	$2,100
Ravenswood	$2,096
Palmer Square	$2,049
Kenwood	$2,000
Park West	$1,993
Andersonville	$1,970
Stateway Gardens	$1,905
Clarendon Park	$1,897
Hyde Park	$1,799
Oakland	$1,781
Bryn Mawr Historic District	$1,753
Buena Park	$1,717
Margate Park	$1,711
Bronzeville	$1,693
Uptown Chicago	$1,602
Woodlawn	$1,582
Rogers Park	$1,513
North Kenwood	$1,482
West Rogers Park	$1,473
Edgewater Beach	$1,471
Budlong Woods	$1,465
East Garfield Park	$1,465
Sheridan Park	$1,371
South Shore	$1,356
Jefferson Park	$1,345
Edgewater	$1,326
Douglas Park	$1,306
Washington Park	$1,249
Englewood	$1,239
Austin	$1,156
Jackson Park Highlands	$1,136

Chicago | Rent Comparison by Neighborhood

Rent in Lakeview is 17% higher than in Andersonville

$2,298

Lakeview rent is the same as Chicago average

Average Rent $2,298

$1,970

Andersonville rent is 14% lower than Chicago average

Average Rent $1,970

Where this data comes from

The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.

Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Lakeview apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.

Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.